Smoothontop
Long

Defined risk - Speculative trade. Mean reversion due.

AMEX:FAZ   DIREXION FINANCIAL BEAR 3X SHARES
Buy Vertical PUT Option spread on FAZ             ATM ($55) 3 mth             expiration to close at $40.
I have entered this as LONG - that is obviously referring to the market going long facilitating this trade which is SHORT on the FAZ             3 x ETF ..
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